Check out some available loans that are similar to this one!
Sheraton Group
In this Group: Asha, Hadia, Rukia
Asha is in her late thirties and married with a daughter in school. She has had her business supplying food items to hotels for seven years. She works from 4:00am to 10:00am every working day. She makes a fair profit per month.

This is Asha's fourth loan from Tujijenge Tanzania. She used her previous loans to restock crates of tomatoes, sacks of beans, and Irish potatoes. She paid back all her previous loans successfully and used her profits for school fees, food for her family, and started to build a house. She will use this loan to buy more sacks of rice to resell to hotels. Her dream is to be able to supply food to more hotels.

Asha will share this loan with her group "Sheraton" which totals three members. The group members will hold each other accountable for paying back the loan.

Additional Information

About Tujijenge Tanzania

This loan is administered by Tujijenge Tanzania, which was founded in 2006. It has operations in Dar es Salaam, the coastal region, and the Lake Victoria region. The organization aims to reach out to micro entrepreneurs and provide them with financial and social intermediation services because capital is one of the major barriers to development and success for micro-enterprise initiatives in Tanzania.

For more information on Tujijenge Tanzania, please visit its partner page, or join its lending team.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Tanzania

  • $1,900
    Average annual income
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,787,550
    Funds lent in using Kiva
  • 1,611.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Sheraton Group's $2,025 loan helped a member to buy more sacks of rice to resell to hotels.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014